The Securities and Exchange Commission on March 26 announced awards totaling $50 million to two whistleblowers whose high-quality information assisted the agency in bringing a successful enforcement action. One whistleblower received an award of $37 million and the other received an award of $13 million.
The $37 million award is the Commission’s third-highest award to date after the $50 million award made in March 2018 to joint whistleblowers and a more than $39 million award announced in September 2018.
